Category Archives:
Analysis-Race to the bottom for deep-sea minerals centers on tiny Nauru
By David Stanway, Melanie Burton and Ernest Scheyder (Reuters) - The Pacific island nation of Nauru and its roughly 11,000 residents are at the center of the increasingly contentious debate over wheth...
Apr 14, 2023
Factbox-The main players in the push towards deep-sea mining
(Reuters) - Opponents of deep-sea mining are mobilising to stop a United Nations body from issuing the first licenses for the controversial practice later this year, saying not enough is known about t...
Apr 14, 2023
German finance ministry plans austerity measures of up to 20 billion euros – Spiegel
BERLIN (Reuters) - German Finance Minister Christian Lindner is planning an austerity package with a volume of up to 20 billion euros ($22.12 billion), Germany's Der Spiegel reported on Friday. With t...
Apr 14, 2023
Sweden, Colombia interested in Embraer’s KC-390, says Brazilian minister
RIO DE JANEIRO (Reuters) - Brazilian Defense Minister Jose Mucio said late Thursday that countries such as Sweden and Colombia had expressed interest in buying Embraer's KC-390 military cargo aircraft...
Apr 14, 2023
JPMorgan profit surges 52% on robust consumer business
(Reuters) - JPMorgan Chase & Co's profit climbed in the first quarter as higher interest rates boosted its consumer business in a period that saw two of the biggest banking failures in U.S. history. T...
Apr 14, 2023
Wells Fargo profit rises 32% as higher rates bolster interest income
(Reuters) -Wells Fargo & Co's profit jumped 32% in the first quarter as it earned more from interest rate payments, helped by the U.S. Federal Reserve's tighter monetary policy, the lender reported Fr...
Apr 14, 2023
U.S. money market funds draw inflows for fifth straight week
(Reuters) - U.S. money market funds received inflows for a fifth straight week after recent data pointed to a still-strong labor market, bolstering bets for a rate hike by the Federal Reserve in May. ...
Apr 14, 2023
BlackRock quarterly profit falls on lower fee income
(Reuters) -BlackRock Inc posted an 18% drop in first-quarter profit on Friday as the market turmoil last month due to the recent banking crisis squeezed its fee income. The New York-based company ende...
Apr 14, 2023
Investors put $538 billion into cash funds over eight weeks – BofA
By Harry Robertson LONDON (Reuters) - Investors have moved $538 billion into cash funds over the past eight weeks as they pulled money out of bank deposits after the collapse of Silicon Valley Bank, a...
Apr 14, 2023
UnitedHealth ups profit view as lower medical costs drive quarterly beat
(Reuters) -UnitedHealth Group Inc beat Wall Street estimates for quarterly profit on Friday and raised its annual forecast, after a slow recovery in non-urgent procedures helped lower medical costs at...
Apr 14, 2023
Peoria, IL, USA
56 °F Partly cloudy
